U.S. Mortgage Rates Continue to Rise, Again
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.44 percent as of October 17, 2024.
Mortgage Rates Rise to Highest Level Since July
Rates on 30-year loans have been bobbing around for two weeks, but have now pushed to an almost three-month high. Most other loan types also climbed Monday.
Mortgage rates were supposed to come down. Instead, they’re rising. Here’s why
You might expect that mortgage rates would be falling right now after the Federal Reserve cut interest rates by a half-point last month. Instead, mortgage
Mortgage Rates Rise to 6.44%, Yet 'Buyers May Be Feeling Ready To Act'
Most outstanding mortgages have a 6% or lower rate, which creates a " lock-in effect " for many current owners who don't want to swap a low rate for a higher one. This could limit homeowners’ willingness to sell, slowing or stalling the housing market.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
Mortgage rates rose for the third week in a row as the U.S. economy continued to show signs of strength. The 30-year mortgage rate jumped to the highest level since mid-August, averaging 6.44% as of Oct.
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
Why are mortgage rates rising after Fed cut interest rates last month?
The Fed announced first rate cut in a long time last month, but the mortgage rates have continued to rise. Why is this? Here's why.
HSBC increases rates on cheapest mortgages - but cuts them on other deals
HSBC has said it will be increasing some of its cheapest mortgage rates - though more expensive deals will be cut.
30-Year Mortgage Rates Continue Wavering in Mid-6% Range
Rates on 30-year new purchase loans have been bobbing around the 6.5% mark for two weeks, and ended last week essentially ...
Yes, Gas Was Cheaper and Mortgage Rates Were Lower in 2020
A viral online post compares interest rates and gas prices before and after Biden’s presidency. “Remember how on November 5th ...
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Mortgage Rates Hit Highest Level in Eight Weeks. What Gives?
The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight ...
Mortgage rates march higher for third straight week
Mortgage rates climbed again for a third straight week, further dinging demand as the housing market continues to suffer from ...
Mortgage Rates Tick Higher Across Most Loan Types
Rates on 30-year new purchase mortgages ticked up Thursday, increasing the average to 6.55%. The previous day's average ...
US mortgage rates continue upward trajectory for 3rd consecutive week
Mortgage rates in US have continued their upward trajectory this week, posing additional challenges for demand in the <a ...